Great buildable corner lot with building permit and plat in a great fast improving area, Exceptional development opportunity in sought-after Grove Park subdivision, this residential lot nestled in one of Atlanta’s most exciting high-growth area, offering the perfect canvas for a custom home or investment build. Surrounded by established homes, modern renovations, and ongoing redevelopment, close to Atlanta, GA tech and Stadium. We have three lots next to each other for sale, lot 547 Chappell Road, NW and 543 Chappell Road, 531 Chappell Rd, NW. All three lots are for sale. The survey for this lot is attached to MLS for your review.
Vacant landProperty Type
1930Year Built
9,435 sq ftLot Size
$15Price/Sq.Ft.
Listed by SEYED EHTESHAMI• Atlanta Home Estate Realty, Inc.
Listed by SEYED EHTESHAMI• Atlanta Home Estate Realty, Inc.
Bankhead, located between Grove Park and West Midtown, is a historic and industrial Atlanta neighborhood with rail-lined corridors and a growing trail network. The neighborhood’s character concentrates around Donald Lee Hollowell Pkwy NW near the Bankhead MARTA Station, where auto shops, small storefronts, and warehouse blocks set a gritty, workday rhythm. The Atlanta BeltLine Westside Trail and the Bankhead MARTA Station shape daily movement with a city-scale feel. Low-slung brick industrial buildings mix with modest residential streets and new infill. Nearby, Westside Reservoir Park adds big-sky overlooks and long walking loops. The scene reads practical and creative, with studios and maker-style spaces appearing along the edges.
Investor's delight. Ready for total rehab. Beautiful corner lot with large level backyard. 3/1 with expandable attic. Property is being sold as-is. No warranties or disclosure.
Year
Property tax
Land + Additions
Assessment*
2025
$4,544 (+12.8%)
$41,320 + $69,760
$111,080
2024
$4,027 (+140.1%)
$41,320 + $57,040
$98,360
2023
$1,677 (+1.2%)
$12,920 + $28,040
$40,960
2022
$1,658 (−3.5%)
$12,920 + $28,040
$40,960
2021
$1,718 (+22.3%)
$14,240 + $28,160
$42,400
2020
$1,404 (+105.4%)
$14,000 + $20,280
$34,280
2019
$684 (+35.4%)
$8,600 + $8,040
$16,640
2018
$505 (+126.6%)
$8,600 + $8,040
$16,640
2017
$223 (−0.3%)
$8,120 + $4,080
$12,200
2016
$223 (−0.3%)
$1,160 + $4,000
$5,160
2015
$224 (−3.9%)
$1,160 + $4,000
$5,160
2014
$233 (+11.1%)
$1,160 + $4,000
$5,160
2012
$210 (−65.4%)
$1,080 + $3,640
$4,720
2011
$606 (−49.8%)
$1,080 + $3,640
$4,720
2010
$1,207 (−10.1%)
$7,840 + $19,480
$27,320
2009
$1,343
$7,840 + $22,560
$30,400
2008
$1,343
$7,840 + $22,560
$30,400
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,435 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,567
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,567
Year built
1930
Style
Single Family Residential
County
Fulton County
APN
14 014300050491
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 8, 2025.
R-4A
Single-Family Residential District
The intent of this chapter in establishing the R-4A Single-Family Residential District is as follows: To provide protection for existing single-family neighborhoods by providing a district with lots having not more than one housing unit per 7,500 sq ft.; To permit new development in a manner compatible with existing development.; To provide for the development of recreational, religious and educational facilities as basic elements of a balanced community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational / school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30318
Average low and high temperatures (°F)
51
34
61
41
72
49
78
57
79
63
87
70
92
74
85
70
84
67
76
56
67
49
57
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Atlanta. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 531 Chappell Rd NW
$130,346
$15K under list price of $145K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $370K.